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Two-Family Home in Seagate Community

4205 Sea Gate Avenue Brooklyn, NY 11224

4205 Sea Gate Avenue, Brooklyn, NY, 11224
$878,000
For Sale
Claim this Listing
$878,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,600 SF
Lot Size0.09 Acres
Price / SF$337.69
AddedMar 30
Days on Market107
Last RefreshJul 14 at 12:06 pm

Property Features for 4205 Sea Gate Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 4
Parking features
Garage - Detached
Patio and Porch features
Deck, Patio, Porch
Interior features
Deck, Dishwasher, Dryer, Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Washer
Basement
Finished, Full
Standard status
Active
Size
2,600 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
10155

Building Details

Year built
1987
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Shingle

Listing agent Daniel Gamil License #10301211175

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Mar 30, 2026

MLS# 500014 Listing URL

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-family detached home is located in the private Seagate community. The property offers income potential and flexible end-user appeal. The home features 5 bedrooms and 4 bathrooms, spanning approximately 2,600 sqft across multiple levels. It includes a spacious split-level main unit with internal staircases and a second unit for additional rental income. The property also features a finished full basement with a separate entrance, a private driveway with parking for 6+ cars, and a detached garage. Hardwood floors are installed throughout the home. Outdoor spaces include a porch, deck, and fenced backyard. The property is located in the exclusive gated Seagate community, which features private beach access, resident-only security, parks, playgrounds, and a peaceful waterfront setting. Local buses, including the B36 and B74, provide convenient access to the D, F, N, and Q subway lines for access throughout Brooklyn and into Manhattan. The Sea Gate Association Fee is $7,330 annually. The lot size is 0.0918 acres.

Key Highlights

  • Two‑family detached home in the private Seagate community built in 1987
  • Approx. 2,600 SF total across multiple levels with 5 bedrooms and 4 bathrooms
  • Finished full basement with a separate entrance plus internal staircases between levels

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $147.3k $56.64
− Vacancy −$2.9k −$1.13
EGI $144.3k $55.51
− OpEx −$64.9k −$24.98
NOI $79.4k $30.53
2,600 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,056 @ 7.0% cap · market cap 10.37%
Second Best
Apartment 5plus
$1.13M
$992.2K – $1.32M (±1% cap)
NOI $79,375 @ 7.0% cap · market cap 9.04%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,696 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Restaurant Skin Care Clinic Gym & Fitness Center Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Detached home with income potential in private Seagate community.
Where is this duplex located?
The property is located at 4205 Sea Gate Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $878,000.
What are key features of this property?
This property features: Two‑family detached home in the private Seagate community built in 1987; Approx. 2,600 SF total across multiple levels with 5 bedrooms and 4 bathrooms; Finished full basement with a separate entrance plus internal staircases between levels
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More about this property
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